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Environmental non-compliance in mines exposed

The auditor general’s latest report has exposed perennial non-compliance within the mining industry. Government has learnt that environmental, pollution and other long-term damage to the environment by mines have not been monitored. Tabled before the National Assembly recently, the audit report for 2011/12 to 2014/15 indicates that mining sites across …

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Lesotho mine keep on quality gem recovery

British junior diamond miner Firestone Diamonds’ Liqhobong Mine in Lesotho has discovered a 134 carat gem-quality light yellow diamond. According to the company, the discovery is the largest diamond, delivered by Liqhobong so far during the early stages of mining. The company’s board believes this recovery, the second of over a hundred …

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Firestone diamond sale hits US$69/ct average

AIM-quoted diamond outfit, Firestone Diamonds’ latest diamond sale sold 195,330 carats for US$13.5 million. Firestone’s July and September 2017 diamond sale included the company’s second US$1 million stone, achieving an average value of US$69/ct. According to the company, the average realised value per carat represents the continued lower than expected …

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